The document provides an earnings summary and outlook for Q3 2006 and full year 2006-2007. It summarizes that earnings per share increased 41% in Q3 2006, bookings remained strong, and guidance was increased for EPS, bookings, operating cash flow and ROIC. The summary also mentions that net debt declined to its lowest point in over 11 years and over 5.5 million shares were repurchased in the quarter.
Raytheon Reports 2006 Second Quarter Resultsfinance12
Raytheon Company reported second quarter earnings on July 27, 2006. The company highlighted strong earnings per share of $0.69, up 35% year-over-year. Raytheon also saw strong bookings of $5.5 billion and sales of $5.7 billion, up 6% year-over-year. Additionally, the company is exploring strategic alternatives for its Raytheon Aircraft Company business unit. Raytheon increased its full-year guidance for earnings per share, operating cash flow, and return on invested capital.
This document summarizes Braskem's 4th quarter 2006 earnings conference call. It highlights strong domestic demand growth for resins in 2006. Braskem achieved record gross revenues of $7 billion, an 8% increase over 2005. The acquisition of Politeno was completed and synergies were confirmed. EBITDA grew significantly in the 4th quarter to R$530 million due to decreasing raw material costs. Net income turned positive in the 4th quarter. Braskem invested over R$700 million in 2006 and expects investments of R$550 million in 2007, including the start of a new PP plant. Global resin supply and demand is expected to remain balanced in 2007 with sustained prices.
This document contains:
1) A summary of PPG Industries' third quarter 2006 financial results, including details on sales, earnings, and market indicators. Sales increased 10% overall with growth in all business segments. Earnings declined from the prior year.
2) Comments on key topics and outlook for 2006, including the economy, inflation, and volume trends by region and business segment.
3) An overview of how PPG Industries uses cash, including funding businesses and growth initiatives, paying dividends, and stock repurchases.
PPG Industries reported financial results for Q4 and full year 2008. Q4 sales declined 18% to $3.1 billion due to a severe drop in global demand. However, full year sales increased 30% to $15.8 billion due to growth in coatings segments and acquisitions. Earnings per share were $0.41 for Q4 and $4.59 for the full year after adjustments. PPG expects global demand and currency rates to impact Q1 2009 results. The company generated strong cash flow in 2008 and repaid debt ahead of schedule.
1) The document discusses 3M's strategy for growth through customer value enhancement, continued commitment to operational excellence, and plans to drive higher earnings.
2) 3M aims to grow its core business, pursue complementary acquisitions, build new businesses through adjacencies and emerging business opportunities, and focus on international growth.
3) Near term actions to drive growth include capital investments in core manufacturing capacity expansions, 2006 acquisitions mostly of small companies, and a manufacturing strategy focused on strategic needs in the core or near adjacencies through bolt-on acquisitions.
Braskem reported financial results for 4Q12 and full year 2012. For 4Q12, Braskem's EBITDA was R$1.4 billion including gains from asset sales, and net revenue was R$9.2 billion. For 2012, Braskem's EBITDA was R$4 billion including non-recurring items, and the company expanded its market share in Brazil to 71% on thermoplastic resin sales of 3.5 million tons. Braskem also made progress on projects in Mexico and Comperj while maintaining its commitment to financial health.
Third quarter and nine months report for March 1 to May 31, 2007. [1] Net sales increased 7.5% in the third quarter and 5.5% for the nine months. [2] Operating profit rose 10% in the third quarter and 21.8% for the nine months due to strong gross margins and sales growth. [3] The company will increase its new store expansion program by opening 20-25 new stores per year and investigate potential new markets.
Agnico-Eagle's flagship LaRonde mine in Canada has been operating at steady state since its final expansion in 2003. Exploration is ongoing to extend the mine life, with potential resources identified below and to the east of the current workings. Production is expected to remain steady at around 324,000 ounces per year over the mine's estimated 13 year remaining life of mine.
Raytheon Reports 2006 Second Quarter Resultsfinance12
Raytheon Company reported second quarter earnings on July 27, 2006. The company highlighted strong earnings per share of $0.69, up 35% year-over-year. Raytheon also saw strong bookings of $5.5 billion and sales of $5.7 billion, up 6% year-over-year. Additionally, the company is exploring strategic alternatives for its Raytheon Aircraft Company business unit. Raytheon increased its full-year guidance for earnings per share, operating cash flow, and return on invested capital.
This document summarizes Braskem's 4th quarter 2006 earnings conference call. It highlights strong domestic demand growth for resins in 2006. Braskem achieved record gross revenues of $7 billion, an 8% increase over 2005. The acquisition of Politeno was completed and synergies were confirmed. EBITDA grew significantly in the 4th quarter to R$530 million due to decreasing raw material costs. Net income turned positive in the 4th quarter. Braskem invested over R$700 million in 2006 and expects investments of R$550 million in 2007, including the start of a new PP plant. Global resin supply and demand is expected to remain balanced in 2007 with sustained prices.
This document contains:
1) A summary of PPG Industries' third quarter 2006 financial results, including details on sales, earnings, and market indicators. Sales increased 10% overall with growth in all business segments. Earnings declined from the prior year.
2) Comments on key topics and outlook for 2006, including the economy, inflation, and volume trends by region and business segment.
3) An overview of how PPG Industries uses cash, including funding businesses and growth initiatives, paying dividends, and stock repurchases.
PPG Industries reported financial results for Q4 and full year 2008. Q4 sales declined 18% to $3.1 billion due to a severe drop in global demand. However, full year sales increased 30% to $15.8 billion due to growth in coatings segments and acquisitions. Earnings per share were $0.41 for Q4 and $4.59 for the full year after adjustments. PPG expects global demand and currency rates to impact Q1 2009 results. The company generated strong cash flow in 2008 and repaid debt ahead of schedule.
1) The document discusses 3M's strategy for growth through customer value enhancement, continued commitment to operational excellence, and plans to drive higher earnings.
2) 3M aims to grow its core business, pursue complementary acquisitions, build new businesses through adjacencies and emerging business opportunities, and focus on international growth.
3) Near term actions to drive growth include capital investments in core manufacturing capacity expansions, 2006 acquisitions mostly of small companies, and a manufacturing strategy focused on strategic needs in the core or near adjacencies through bolt-on acquisitions.
Braskem reported financial results for 4Q12 and full year 2012. For 4Q12, Braskem's EBITDA was R$1.4 billion including gains from asset sales, and net revenue was R$9.2 billion. For 2012, Braskem's EBITDA was R$4 billion including non-recurring items, and the company expanded its market share in Brazil to 71% on thermoplastic resin sales of 3.5 million tons. Braskem also made progress on projects in Mexico and Comperj while maintaining its commitment to financial health.
Third quarter and nine months report for March 1 to May 31, 2007. [1] Net sales increased 7.5% in the third quarter and 5.5% for the nine months. [2] Operating profit rose 10% in the third quarter and 21.8% for the nine months due to strong gross margins and sales growth. [3] The company will increase its new store expansion program by opening 20-25 new stores per year and investigate potential new markets.
Agnico-Eagle's flagship LaRonde mine in Canada has been operating at steady state since its final expansion in 2003. Exploration is ongoing to extend the mine life, with potential resources identified below and to the east of the current workings. Production is expected to remain steady at around 324,000 ounces per year over the mine's estimated 13 year remaining life of mine.
This document is the 2007 annual report of W. R. Berkley Corporation, a commercial property and casualty insurance provider. The report summarizes the company's strong financial performance in 2007, with total revenues increasing 3% to $5.6 billion, net income reaching a new high of $3.78 per share and return on equity exceeding 22%. It provides an overview of the company's five business segments and decentralized operating structure. The report also highlights Berkley's long-term strategies of accountability, developing talent internally, proactively managing risk exposures, and maintaining a strong balance sheet.
Expeditors International of Washington, 4th06qer-revisedfinance39
Expeditors International of Washington reported financial results for Q4 2006 and full year 2006. For Q4, revenues increased 13% to $1.24 billion while net income decreased 16% to $62.6 million due to a one-time tax benefit in 2005. For the full year, revenues rose 19% to $4.63 billion and net income increased 23% to $235.1 million. The company opened new offices in Pakistan, China and saw strong growth in air and ocean freight volumes.
Raytheon reported strong financial results for Q3 2006, with EPS up 41% and bookings of $6.1 billion. The company increased full-year 2006 guidance for EPS, bookings, operating cash flow and ROIC. Segments such as IDS, MS and RAC saw higher sales and improved operating performance compared to Q3 2005. Raytheon also provided initial guidance for 2007 with projected continued growth.
Raytheon Reports 2006 First Quarter Resultsfinance12
Raytheon reported strong first quarter results in 2006. Bookings were $5.5 billion, a record backlog of $34.7 billion, and earnings per share increased 49% over the prior year. Raytheon also increased its full-year guidance for earnings per share, operating cash flow, and return on invested capital. The document provides details on Raytheon's financial outlook for 2006 by business, cash flow, quarterly results, and government and defense segment.
GasLog Ltd. reported financial results for the fourth quarter and full year of 2012. For Q4, revenue was $18.3 million with a profit of $2.7 million. For the full year, revenue totaled $68.5 million with a profit of $4.2 million. Additionally, GasLog took delivery of a new LNG carrier ahead of schedule and contracted for two new LNG vessels to be delivered in 2016 with 10-year charters.
Patrick D. Campbell Senior Vice President and Chief Financial Officerfinance10
3M aims to accelerate growth to enhance shareholder value. The presentation outlines plans to achieve 5-8% organic local currency growth in traditional businesses through leveraging existing assets, pursue international expansion, and continue productivity initiatives. It also discusses growing new market adjacencies at a faster pace through acquisitions and new brands. Maintaining strong margins and returns on invested capital as growth increases is a key focus.
MeadWestvaco reported financial results for the fourth quarter and full year of 2007. For the full year, sales increased 6% to $6.9 billion and business segment profit rose 7% to $584 million. The company sold non-strategic forestlands, completed a $400 million share buyback, and strengthened its global packaging platform. Input costs increased significantly but the company implemented price increases across all major grades to offset these costs. For the fourth quarter, sales rose 4% while business segment profit declined 3% due to higher input costs and weaker demand in some segments.
Bharat Petroleum Corporation Ltd (BPCL), a government‐owned company operating in
the refining and marketing segment. The company has also diversified into the
petrochemical feedstock and exploration and production segments.
Based on a consolidated FY12 P/E multiple of 12, the fair value for the
company works out to Rs 691.
Gafisa reported strong financial results for the first quarter of 2008, with consolidated launches increasing 91% year-over-year, pre-sales up 97% quarter-over-quarter, and net operating revenues rising 42% quarter-over-quarter. Net income increased to R$42 million in 1Q08 compared to the adjusted net income of R$21 million in 1Q07. Gafisa also expanded into two new markets, upgraded its credit rating, and saw continued growth in the mortgage lending market in Brazil. Looking ahead, Gafisa is well positioned for further growth and has a diversified land bank to support its expansion plans.
Robert G. Bohn, Chairman, President and CEO of Oshkosh Truck Corporation, and Charles L. Szews, Executive VP and CFO, reported record financial results for the first quarter of fiscal year 2006. Sales increased 22.5% to $790.3 million and operating income grew 28.6% to $87 million. EPS increased 28.6% to $0.72. For fiscal year 2006, the company estimates sales between $3.3-3.4 billion, operating income between $316.5-329 million, and EPS between $2.55-2.65, representing growth of 17-21.6%.
Caterpillar's Chief Financial Officer Dave Burritt gave a presentation on the company's performance and outlook. He discussed Caterpillar's strong growth from 2002-2007, with sales and earnings per share increasing significantly. While the weak US economy poses a challenge in the short-term, Burritt remains optimistic about opportunities in mining, energy, and infrastructure globally. Caterpillar expects sales to be up 5-10% in 2008 despite a downturn in North America, driven by growth outside of North America. Looking longer-term, factors like increasing infrastructure spending, commodity price growth, and aging mining fleets position Caterpillar for continued success through 2010 and beyond.
Morgan Stanley Global Industrials CEOs Unplugged Conferencefinance10
George Buckley presented on innovation and growth at 3M. He discussed 3M's strong financial results in the second quarter with sales growth of 8% and EPS growth of 17.1%. Buckley outlined 3M's plan to drive growth through reinvigorating R&D, accelerating international expansion, investing in supply chain capabilities, and acquiring companies to accelerate growth in core businesses. He emphasized 3M's focus on continuing to innovate, serve customers, and improve efficiency through initiatives like Six Sigma and Lean.
The document provides an investor presentation for AMG Advanced Metallurgical Group from March 2013. It summarizes AMG's business segments, recent developments including operational improvements and segment realignment, key products, end markets, and financial highlights for each business unit. It also discusses the outlook for each segment in 2013, with an emphasis on improving margins and earnings through cost reductions in AMG Processing, stable backlog and slight growth in AMG Engineering, and long-term supply contracts driving growth in AMG Mining.
ean Lobey Executive Vice President, Safety, Security and Protection Service B...finance10
Jean Lobey discusses 3M's Safety, Security, and Protection Services (SS&PS) business. In 2005, SS&PS generated $2.3 billion in sales and $553 million in operating income. SS&PS provides solutions across three markets: safety, security, and protection. 3M aims to drive over 8% annual growth for SS&PS through new product development, market expansion, adjacent market opportunities, and responding to world events. 3M is also focusing on penetrating developing markets and bringing SS&PS closer to customers through increased international manufacturing and labs.
Oshkosh Truck Corporation presented an investor presentation on its proposed acquisition of JLG Industries, Inc. The presentation discussed Oshkosh's track record of successful acquisitions and shareholder value creation. It also outlined the objectives of acquiring JLG to support growth above 15%, diversify into the fast-growing aerial work platform market, and execute its long-term acquisition strategy. Finally, the presentation provided an overview of Oshkosh Truck Corporation and its proven strategy of new product leadership, operational excellence, and strategic acquisitions that have fueled strong sales and earnings growth.
1) Oshkosh reported record second quarter fiscal year 2006 results with sales up 25.6% and operating income up 27.3% driven by strong performance in the defense segment.
2) The defense segment results nearly doubled compared to the previous year due to growth in remanufactured and new truck sales, however challenges remain in locating used vehicle carcasses for remanufacturing.
3) The fire and emergency segment saw a temporary dip in earnings as anticipated due to heavily weighted airport product sales in the second half of the year and two component issues that delayed revenue recognition.
wyeth Cowen and Company Annual Health Care Conferencefinance12
Geno Germano, President of U.S. and General Manager of Wyeth Pharmaceuticals, presented at the Cowen Health Care Conference on March 13, 2007. He discussed Wyeth's strong financial growth in 2006, new commercial models being implemented, and upcoming FDA submissions including Pristiq for depression and menopausal symptoms. Germano emphasized building a diverse and stronger company through top line growth, cost management, and outpacing revenue growth with bottom line growth.
The document describes sightings of the Antonov 225, the world's largest aircraft, delivering a large power transformer at McCarran Airport in Las Vegas. It notes the plane has 24 wheels and provides some key specifications, such as its wingspan of 290 feet and maximum takeoff weight of over 1.3 million pounds. It also briefly mentions photos of tornado aircraft creating cloud effects, Columbia's last flight capturing city lights over Europe and Africa, and techniques for photographing the moon from planes.
Raytheon Reports 2007 Third Quarter Resultsfinance12
Third Quarter Earnings
- Raytheon reported third quarter earnings for 2007 on October 25th
- Earnings call information and copyright details are provided
- Key highlights include strong bookings of $6.5B, backlog of $33.9B, and net sales up 8% to $5.4B
This document is the 2007 annual report of W. R. Berkley Corporation, a commercial property and casualty insurance provider. The report summarizes the company's strong financial performance in 2007, with total revenues increasing 3% to $5.6 billion, net income reaching a new high of $3.78 per share and return on equity exceeding 22%. It provides an overview of the company's five business segments and decentralized operating structure. The report also highlights Berkley's long-term strategies of accountability, developing talent internally, proactively managing risk exposures, and maintaining a strong balance sheet.
Expeditors International of Washington, 4th06qer-revisedfinance39
Expeditors International of Washington reported financial results for Q4 2006 and full year 2006. For Q4, revenues increased 13% to $1.24 billion while net income decreased 16% to $62.6 million due to a one-time tax benefit in 2005. For the full year, revenues rose 19% to $4.63 billion and net income increased 23% to $235.1 million. The company opened new offices in Pakistan, China and saw strong growth in air and ocean freight volumes.
Raytheon reported strong financial results for Q3 2006, with EPS up 41% and bookings of $6.1 billion. The company increased full-year 2006 guidance for EPS, bookings, operating cash flow and ROIC. Segments such as IDS, MS and RAC saw higher sales and improved operating performance compared to Q3 2005. Raytheon also provided initial guidance for 2007 with projected continued growth.
Raytheon Reports 2006 First Quarter Resultsfinance12
Raytheon reported strong first quarter results in 2006. Bookings were $5.5 billion, a record backlog of $34.7 billion, and earnings per share increased 49% over the prior year. Raytheon also increased its full-year guidance for earnings per share, operating cash flow, and return on invested capital. The document provides details on Raytheon's financial outlook for 2006 by business, cash flow, quarterly results, and government and defense segment.
GasLog Ltd. reported financial results for the fourth quarter and full year of 2012. For Q4, revenue was $18.3 million with a profit of $2.7 million. For the full year, revenue totaled $68.5 million with a profit of $4.2 million. Additionally, GasLog took delivery of a new LNG carrier ahead of schedule and contracted for two new LNG vessels to be delivered in 2016 with 10-year charters.
Patrick D. Campbell Senior Vice President and Chief Financial Officerfinance10
3M aims to accelerate growth to enhance shareholder value. The presentation outlines plans to achieve 5-8% organic local currency growth in traditional businesses through leveraging existing assets, pursue international expansion, and continue productivity initiatives. It also discusses growing new market adjacencies at a faster pace through acquisitions and new brands. Maintaining strong margins and returns on invested capital as growth increases is a key focus.
MeadWestvaco reported financial results for the fourth quarter and full year of 2007. For the full year, sales increased 6% to $6.9 billion and business segment profit rose 7% to $584 million. The company sold non-strategic forestlands, completed a $400 million share buyback, and strengthened its global packaging platform. Input costs increased significantly but the company implemented price increases across all major grades to offset these costs. For the fourth quarter, sales rose 4% while business segment profit declined 3% due to higher input costs and weaker demand in some segments.
Bharat Petroleum Corporation Ltd (BPCL), a government‐owned company operating in
the refining and marketing segment. The company has also diversified into the
petrochemical feedstock and exploration and production segments.
Based on a consolidated FY12 P/E multiple of 12, the fair value for the
company works out to Rs 691.
Gafisa reported strong financial results for the first quarter of 2008, with consolidated launches increasing 91% year-over-year, pre-sales up 97% quarter-over-quarter, and net operating revenues rising 42% quarter-over-quarter. Net income increased to R$42 million in 1Q08 compared to the adjusted net income of R$21 million in 1Q07. Gafisa also expanded into two new markets, upgraded its credit rating, and saw continued growth in the mortgage lending market in Brazil. Looking ahead, Gafisa is well positioned for further growth and has a diversified land bank to support its expansion plans.
Robert G. Bohn, Chairman, President and CEO of Oshkosh Truck Corporation, and Charles L. Szews, Executive VP and CFO, reported record financial results for the first quarter of fiscal year 2006. Sales increased 22.5% to $790.3 million and operating income grew 28.6% to $87 million. EPS increased 28.6% to $0.72. For fiscal year 2006, the company estimates sales between $3.3-3.4 billion, operating income between $316.5-329 million, and EPS between $2.55-2.65, representing growth of 17-21.6%.
Caterpillar's Chief Financial Officer Dave Burritt gave a presentation on the company's performance and outlook. He discussed Caterpillar's strong growth from 2002-2007, with sales and earnings per share increasing significantly. While the weak US economy poses a challenge in the short-term, Burritt remains optimistic about opportunities in mining, energy, and infrastructure globally. Caterpillar expects sales to be up 5-10% in 2008 despite a downturn in North America, driven by growth outside of North America. Looking longer-term, factors like increasing infrastructure spending, commodity price growth, and aging mining fleets position Caterpillar for continued success through 2010 and beyond.
Morgan Stanley Global Industrials CEOs Unplugged Conferencefinance10
George Buckley presented on innovation and growth at 3M. He discussed 3M's strong financial results in the second quarter with sales growth of 8% and EPS growth of 17.1%. Buckley outlined 3M's plan to drive growth through reinvigorating R&D, accelerating international expansion, investing in supply chain capabilities, and acquiring companies to accelerate growth in core businesses. He emphasized 3M's focus on continuing to innovate, serve customers, and improve efficiency through initiatives like Six Sigma and Lean.
The document provides an investor presentation for AMG Advanced Metallurgical Group from March 2013. It summarizes AMG's business segments, recent developments including operational improvements and segment realignment, key products, end markets, and financial highlights for each business unit. It also discusses the outlook for each segment in 2013, with an emphasis on improving margins and earnings through cost reductions in AMG Processing, stable backlog and slight growth in AMG Engineering, and long-term supply contracts driving growth in AMG Mining.
ean Lobey Executive Vice President, Safety, Security and Protection Service B...finance10
Jean Lobey discusses 3M's Safety, Security, and Protection Services (SS&PS) business. In 2005, SS&PS generated $2.3 billion in sales and $553 million in operating income. SS&PS provides solutions across three markets: safety, security, and protection. 3M aims to drive over 8% annual growth for SS&PS through new product development, market expansion, adjacent market opportunities, and responding to world events. 3M is also focusing on penetrating developing markets and bringing SS&PS closer to customers through increased international manufacturing and labs.
Oshkosh Truck Corporation presented an investor presentation on its proposed acquisition of JLG Industries, Inc. The presentation discussed Oshkosh's track record of successful acquisitions and shareholder value creation. It also outlined the objectives of acquiring JLG to support growth above 15%, diversify into the fast-growing aerial work platform market, and execute its long-term acquisition strategy. Finally, the presentation provided an overview of Oshkosh Truck Corporation and its proven strategy of new product leadership, operational excellence, and strategic acquisitions that have fueled strong sales and earnings growth.
1) Oshkosh reported record second quarter fiscal year 2006 results with sales up 25.6% and operating income up 27.3% driven by strong performance in the defense segment.
2) The defense segment results nearly doubled compared to the previous year due to growth in remanufactured and new truck sales, however challenges remain in locating used vehicle carcasses for remanufacturing.
3) The fire and emergency segment saw a temporary dip in earnings as anticipated due to heavily weighted airport product sales in the second half of the year and two component issues that delayed revenue recognition.
wyeth Cowen and Company Annual Health Care Conferencefinance12
Geno Germano, President of U.S. and General Manager of Wyeth Pharmaceuticals, presented at the Cowen Health Care Conference on March 13, 2007. He discussed Wyeth's strong financial growth in 2006, new commercial models being implemented, and upcoming FDA submissions including Pristiq for depression and menopausal symptoms. Germano emphasized building a diverse and stronger company through top line growth, cost management, and outpacing revenue growth with bottom line growth.
The document describes sightings of the Antonov 225, the world's largest aircraft, delivering a large power transformer at McCarran Airport in Las Vegas. It notes the plane has 24 wheels and provides some key specifications, such as its wingspan of 290 feet and maximum takeoff weight of over 1.3 million pounds. It also briefly mentions photos of tornado aircraft creating cloud effects, Columbia's last flight capturing city lights over Europe and Africa, and techniques for photographing the moon from planes.
Raytheon Reports 2007 Third Quarter Resultsfinance12
Third Quarter Earnings
- Raytheon reported third quarter earnings for 2007 on October 25th
- Earnings call information and copyright details are provided
- Key highlights include strong bookings of $6.5B, backlog of $33.9B, and net sales up 8% to $5.4B
A short presentation on Hall of Fame great, Mario Lemieux.
He overcame many obstacles to become one of the greatest hockey players ever. His story is an inspiration.
This document is International Paper Company's Form 10-Q quarterly report filed with the SEC for the quarter ended March 31, 2007. It includes:
- Consolidated financial statements including statements of operations, balance sheets, cash flows, and changes in shareholders' equity for Q1 2007 and 2006.
- Segment financial information.
- Management's discussion of financial condition, results of operations, market risk exposures, and controls and procedures.
- Disclosures of legal proceedings, risk factors, unregistered securities sales, and defaults/submissions to security holders' votes.
constellation energy Corporate Governance Guidelinesfinance12
This document outlines the corporate governance guidelines for the Board of Directors of Constellation Energy Group, Inc. It discusses the role and responsibilities of the Board, including overseeing management, selecting and evaluating the CEO, and ensuring policies are in place to promote ethics and integrity. It also covers the composition of the Board, including size, independence, qualifications, and compensation of directors.
This document is International Paper Company's Form 10-Q filing for the quarterly period ended June 30, 2004. It provides financial statements and disclosures including:
- Net earnings of $193 million for the quarter and $266 million for the six months ended June 30, 2004.
- Revenues of $6.5 billion for the quarter and $12.9 billion for the six months.
- Segment information is provided for the company's business divisions.
The document outlines an 8-round, region-wide sales competition taking place from March 2-29 between 80 Midwest retail stores. The competition aims to drive total solution sales by ranking stores based on monthly sales data and awarding prizes after each round. Prizes include electronics, gift cards, and merchandise provided by sponsoring vendors like Bose, Monster, Samsung, and Comcast, with a grand prize awarded to the overall champion.
Let Me Tell You a Visual Story - iCrossingiCrossing
If you don't have a visual storytelling strategy, then you don't have a storytelling strategy. We now live in an era when visual stories generate more engagement and reach than written content. In "Let Me Tell You a Visual Story," iCrossing's David Deal shares how a visual storytelling strategy has helped iCrossing improve engagement, reach, and visibility in the digital world. His presentation focuses on how iCrossing, a business-to-business brand, shares its culture through visual stories.
constellation energy Q3 2006 Earnings Presentationfinance12
- Constellation Energy terminated its planned merger with FPL Group due to risks and uncertainties in Maryland that made completion of the merger unlikely.
- For Q3 2006, Constellation Energy reported adjusted EPS of $1.56, above guidance of $1.10-$1.25. The BGE segment performed in line with expectations while the Merchant segment exceeded guidance.
- Constellation Energy announced the sale of gas-fired generation plants for $1.635 billion, which will reduce debt and position the company for continued earnings growth through 2008.
Diana Leon nació el 22 de diciembre de 1989 en Bucaramanga, Colombia. Fue criada por sus padres María Isabel Duarte Arenas y Jairo León, y tiene dos hermanos menores, Javier Fernando y Jhon Jairo. Aunque al principio no quería estudiar, Diana disfrutó su tiempo en la escuela debido al apoyo de sus compañeros y profesores, y le gustaban especialmente los recreos.
This document is Tesoro Corporation's quarterly report on Form 10-Q for the quarterly period ended March 31, 2006. It provides Tesoro's condensed consolidated financial statements including the balance sheet, statement of operations, and statement of cash flows. The balance sheet shows that as of March 31, 2006 Tesoro had total assets of $5.08 billion including $2.18 billion in current assets, and total liabilities of $1.90 billion including $1.50 billion in current liabilities. The statements of operations and cash flows provide financial results and cash flow information for the quarters ended March 31, 2006 and 2005.
Raytheon reported second quarter earnings on July 27, 2006. Key highlights included earnings per share increasing 35% year-over-year to $0.69, strong bookings of $5.5 billion, and sales increasing 6% to $5.7 billion. Raytheon also increased full-year guidance for EPS, operating cash flow, and return on invested capital. The company is exploring strategic alternatives for its Raytheon Aircraft business segment.
- Operating revenue for the quarter ended March 31, 2006 was Rs. 278 crore, up 34% from the previous quarter and 26% from the same quarter last year. Total revenue was Rs. 279 crore, up 32% and 25% respectively.
- Operating profit for the quarter was Rs. 16.6 crore, up 37% from the previous quarter. Profit before tax was Rs. 14.3 crore, up 8% from last quarter. Profit after tax was Rs. 9.9 crore, down 18% from last quarter.
- Manpower productivity improved 18% from the previous quarter.
The document summarizes Golar LNG's fourth quarter 2012 results. It reports operating income of $52.9 million and net income of $22.8 million for Q4 2012. Time charter equivalent rates averaged $91,479 per day with a utilization rate of 79.1%. Looking forward, the LNG shipping market is expected to rebalance in the near term due to increasing liquefaction capacity outpacing current demand. However, long term fundamentals for LNG shipping remain attractive as new liquefaction projects come online through 2018.
omnicom group Q2 2006 Investor Presentationfinance22
Omnicom Group presented its financial results for the second quarter of 2006. Revenue grew 7.9% to $2.8 billion compared to the second quarter of 2005. Net income increased 8.1% to $244.1 million. Organic revenue growth accounted for 7.2% of total revenue growth. The company has a $2.4 billion credit facility expiring in 2011 and $1.1 billion in cash, providing $3.5 billion in total liquidity. Acquisition expenditures for the first half of 2006 totaled $151 million. Future earn-out obligations over the next 5 years are estimated at $405 million assuming current performance levels are maintained.
The document discusses PPG Industries' forward-looking statements and provides the following information:
1) PPG's forward-looking statements involve risks and uncertainties that may cause actual results to differ from expectations.
2) Key factors that could affect results include competition, raw material costs, supplier relationships, economic conditions, litigation, and foreign exchange rates.
3) The information in the presentation is current as of July 20, 2006 and any distribution after that date does not confirm or update the information.
walgreen Walgreen Co. First Quarter 2008 Earnings Conference finance4
The document summarizes Walgreen's first quarter 2008 conference call from December 21, 2007. It discusses Walgreen's financial highlights for the first quarter, including record sales and earnings. It also discusses strategies to improve operating efficiency through disciplined expense controls and continued organic expansion. Finally, it outlines Walgreen's strategy to strengthen its market leadership and deliver sustainable shareholder value through aggressive store expansion, healthcare service extensions, and value-creating acquisitions.
Raytheon reported strong financial results for the fourth quarter and full year 2006. Quarterly sales increased 12% to $5.7 billion due to growth at Integrated Defense Systems, Missile Systems, and Network Centric Systems. Earnings per share from continuing operations increased 27% to $0.65 for the quarter. For the full year, sales increased 7% to $20.3 billion and earnings per share from continuing operations increased 37% to $2.46. Raytheon also provided guidance for 2007, forecasting earnings per share from continuing operations between $2.85 to $3.00 on sales between $21.4 to $21.9 billion.
Honeywell Gabelli & Company 12th Annual Aircraft Supplier Symposium Presentationfinance8
Dave Anderson, Senior VP and CFO of Honeywell, presented at the Gabelli Asset Management Aircraft Supplier Conference on September 7, 2006. Honeywell has built a strong track record through 5-10% organic sales growth, margin expansion, double digit EPS growth, and 100% cash conversion. Its portfolio includes Aerospace (35% of sales), Automation and Control (35%), Transportation (15%), and Specialty Materials (15%). Honeywell is on track for record performance in 2006 and is well positioned for long term growth across its segments.
Dover Corporation reported strong financial results for the second quarter of 2006, with revenue increasing 24% to $1.7 billion and earnings per share rising 44% to $0.77. All six of Dover's business segments saw increases in both revenue and earnings. Dover exceeded 4 out of 5 targeted metrics for the quarter, including earnings growth, operating margin, and return on investment. Management attributed the strong results to record earnings, organic revenue growth of 17%, and continued strength in most of the end markets served by Dover's businesses.
George Buckley outlines 3M's strategy for sustainable growth. He discusses leveraging operational excellence through productivity initiatives to maximize profitability. 3M will focus on growing its core businesses, pursue complementary acquisitions, and develop new business opportunities through emerging business opportunities. The strategy aims to achieve 5-8% annual organic growth through international expansion, new markets, and customer value enhancement.
Raytheon reported strong financial results for the second quarter of 2006, with earnings per share up 35% and sales up 6%. The company increased its full-year guidance for earnings per share, operating cash flow, and return on invested capital. Raytheon also announced its intention to explore strategic alternatives for its Raytheon Aircraft Company business unit, including a potential sale. Segment results were positive across most business units, with higher sales, bookings, and operating income compared to the second quarter of 2005.
6 Prudential's "Inside Our Best Ideas" Conferencefinance10
This document discusses 3M's strategy for growth through customer value enhancement and operational excellence. It summarizes 3M's historical financial performance, showing increasing margins, earnings per share, and return on invested capital. 3M's strategy focuses on growing its core businesses, pursuing complementary acquisitions, expanding into adjacencies, and international growth. 3M aims to drive growth and share gains by enhancing customer competitiveness, business returns, and brand value.
- The document reports strong financial results for Q2 2007 including accelerating revenue growth of 30%, strong earnings growth of 40%, and excellent free cash flow generation.
- Key metrics like total revenue, earnings per share, and free cash flow all increased substantially year-over-year.
- Marketplaces revenue and gross merchandise volume both increased in the high teens to low 20s percent range year-over-year for the US and international segments.
- Total registered users of eBay marketplaces increased by approximately 8 million in the quarter and are up 19% year-over-year.
Raytheon reported strong financial results for the first quarter of 2006. Key highlights included earnings per share increasing 49% to $0.64, record backlog of $34.7 billion, and increased full-year guidance for EPS and operating cash flow. Segment results were positive across all business units. For the full year, Raytheon increased EPS guidance to $2.55-$2.65 and operating cash flow guidance to $1.9-$2.1 billion.
Goodrich Corporation reported fourth quarter 2007 results with the following highlights:
- Sales grew 12% to $1.668 billion compared to fourth quarter 2006, driven by strong commercial aftermarket sales.
- Segment operating income margin increased from 13.0% to 15.9% year-over-year.
- Net income per diluted share increased 33% to $1.04, including $0.09 per share related to a settlement.
- For full year 2008, Goodrich expects sales to grow 11-13% to $7.1-7.2 billion and net income per diluted share to increase 10-14% to $4.15-$4.30, reflecting continued strong demand in commercial
Goodrich Corporation reported fourth quarter 2007 results with the following highlights:
- Sales grew 12% to $1.668 billion compared to fourth quarter 2006, driven by strong commercial aftermarket sales.
- Segment operating income margin increased from 13.0% to 15.9% over the same period.
- Net income per diluted share increased 33% to $1.04, including $0.09 per share related to a settlement.
- For full year 2008, Goodrich expects sales growth of 11-13% to $7.1-7.2 billion and net income per diluted share growth of 10-14% to $4.15-$4.30, reflecting expected increases in commercial aircraft deliver
Nexon reported its Q3 2012 results with revenue of ¥24.2 billion and operating income of ¥10 billion. While revenue was flat year-over-year, operating income declined 8%. Nexon's acquisition of gloops establishes it as the #1 independent mobile game developer by revenue and diversifies its business. For Q4 2012, Nexon revised its outlook downward to account for competitive pressures, the gloops acquisition, and plans to focus on engagement over monetization for some regions and titles. Nexon enters 2013 with a strong pipeline including new titles and updates.
Rakon Limited reported financial results for FY12 with revenue of NZ$178m, down 5% from the prior year. Look-through EBITDA was NZ$13.1m, lower than the NZ$24.8m achieved in FY11. Operating cash flow increased to NZ$7.9m. Revenue from smart wireless devices grew due to increased sales and new customers, while telecom revenue declined due to slower operator spending. The strengthening New Zealand dollar also negatively impacted financial results.
The document summarizes the company's financial performance for the third quarter of 2006. It reports earnings per share growth of 19% and revenue growth of 21% compared to the third quarter of 2005. Gross margins increased 200 basis points and operating margins decreased 20 basis points for the quarter. The company also provides breakdowns of revenue growth and operating margins by business segment for the third quarter and year-to-date periods. The document concludes with an outlook section.
1) Raytheon reported fourth quarter and full-year 2008 earnings results on January 29, 2009.
2) For the fourth quarter, Raytheon reported adjusted EPS of $1.13, up 18% from the prior year, though reported EPS was lower at $1.02 due to pension adjustments.
3) For the full year, adjusted EPS was $4.06, up 23% from 2007, while reported EPS was $3.95 due to the same pension adjustments.
View Summary Manpower Inc. Withdraws Fourth Quarter 2008 Guidance 12/22/2008finance12
Manpower Inc. withdrew its fourth quarter 2008 guidance due to continued declines in the global labor markets and changes in foreign currencies. The company experienced a 20% revenue decline in the two months ended November 30, 2008 compared to the prior year. As a result of the weaker operating environment, Manpower Inc. will take restructuring charges related to employee severance and office closures in the fourth quarter. Despite the economic challenges, the company's liquidity and financial strength remains strong with $675 million in cash and $182 million in net debt as of the end of November.
The document is the 1999 annual report of Manpower Inc. It discusses the company's financial highlights for 1999, including increased systemwide sales, revenues, and operating margin compared to previous years. It summarizes the company's strategies to focus on providing workforce solutions, investing in technology, improving efficiency, and expanding in professional and specialty staffing. The report discusses how these strategies helped drive growth while improving profitability in 1999.
Manpower provided staffing solutions for a variety of clients around the world in 2000. Some key examples include:
1) Manpower Venezuela used a performance-based compensation model to win staffing contracts for three call centers in Venezuela.
2) In Australia, the Defense Force outsourced its military recruitment to Manpower due to their ability to provide a full-service solution.
3) In North Carolina, Manpower's workforce program helped IBM achieve significant contractor staffing cost savings.
This document highlights Manpower's global reach and ability to customize staffing solutions to meet the diverse needs of clients around the world.
The document is Manpower Inc.'s 2001 annual report. It summarizes that in 2001:
- Systemwide sales decreased 5.3% to $11.8 billion due to a weaker global economy and strengthening US dollar.
- Revenues decreased 3.3% and operating profit declined 23.6% as revenue growth slowed but investments continued.
- Earnings per share decreased 27% to $1.62 primarily due to currency exchange impacts. The company remained focused on providing skilled employees and workforce solutions to customers during economic uncertainty.
The document discusses Manpower's performance and strategies during a period of economic uncertainty in 2002. It summarizes that Manpower strengthened its financial position, improved efficiency, expanded services, and increased customer relationships despite challenging market conditions. Manpower emerged stronger and confident in its leadership position. The speed of work increased pressure on companies, but Manpower provided flexibility and quality service to help customers.
This document contains a long list of place names from around the world arranged in no clear order. The places span multiple continents and countries, including locations in France, Italy, Germany, Japan, Canada, Mexico, Argentina and many others.
The document is Manpower Inc.'s 2004 annual report. It discusses Manpower's 57-year history of providing temporary staffing solutions and how it has expanded its services over time. It also discusses how the world of work is constantly changing and how Manpower continues to adapt its solutions to help clients with their HR strategies and market competition. The report features perspectives from clients, including IBM's vice president of global talent discussing how IBM partners with Manpower for just-in-time talent management to source skills globally on demand.
This document is Manpower Inc.'s 2005 annual report. It summarizes the company's financial performance for 2005, noting revenues exceeded $16 billion, a 7.7% increase over 2004. Net income increased 8% to $260 million. It also discusses strategic moves taken in 2005 to expand operations in emerging markets like China and India. Finally, it describes the company's rebranding effort, launching a new logo and tagline - "What do you do?" - to reflect its expanded services beyond temporary staffing.
Manpower Inc. reported record financial results in 2006. Revenues increased 10.8% to $17.6 billion and net earnings increased 53% to $398 million. The company's stock price rose 61% in 2006, outperforming the broader market. Operating profit increased 24% to $532 million due to growth in business and effective cost management across regions. The company has transitioned to focus on providing a wider range of employment services beyond temporary staffing alone. The rebranding launched in 2006 aligned the company's image with this strategic transition and positioned Manpower for continued strong performance.
Manpower Inc. had record revenues and earnings in 2007. Revenues increased 17% to $20.5 billion while net earnings grew 22% to $484.7 million. The company has diversified its services over the past decade to include specialty services beyond temporary staffing, such as permanent recruitment and leadership development. This has improved profit margins and reduced sensitivity to economic cycles. Investments in new services like recruitment process outsourcing have positioned Manpower for continued growth.
The document is a Form 8-K filed by The Goodyear Tire & Rubber Company with the SEC on May 22, 2007. It announces that the company entered into an underwriting agreement to sell over 22 million shares of its common stock in a public offering at $33 per share, for total proceeds of over $750 million. The underwriters exercised their option to purchase additional shares. The company's general counsel issued a legality opinion on the shares offering. The proceeds will be used for general corporate purposes.
The Goodyear Tire & Rubber Company issued notices to partially redeem outstanding notes. It will redeem $140 million of its 9% Senior Notes due 2015 at 109% of par value, and $175 million of its 8.625% Senior Notes due 2011 at 108.625% of par value. Both redemptions will occur on June 29, 2007. Goodyear is using proceeds from a recent equity offering of common stock to fund the redemptions, as allowed under provisions permitting redemption of up to 35% of notes with equity offering proceeds.
Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby...Donc Test
Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby, Hodge, Verified Chapters 1 - 13, Complete Newest Version Solution Manual For Financial Accounting, 8th Canadian Edition by Libby, Hodge, Verified Chapters 1 - 13, Complete Newest Version Solution Manual For Financial Accounting 8th Canadian Edition Pdf Chapters Download Stuvia Solution Manual For Financial Accounting 8th Canadian Edition Ebook Download Stuvia Solution Manual For Financial Accounting 8th Canadian Edition Pdf Solution Manual For Financial Accounting 8th Canadian Edition Pdf Download Stuvia Financial Accounting 8th Canadian Edition Pdf Chapters Download Stuvia Financial Accounting 8th Canadian Edition Ebook Download Stuvia Financial Accounting 8th Canadian Edition Pdf Financial Accounting 8th Canadian Edition Pdf Download Stuvia
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
[4:55 p.m.] Bryan Oates
OJPs are becoming a critical resource for policy-makers and researchers who study the labour market. LMIC continues to work with Vicinity Jobs’ data on OJPs, which can be explored in our Canadian Job Trends Dashboard. Valuable insights have been gained through our analysis of OJP data, including LMIC research lead
Suzanne Spiteri’s recent report on improving the quality and accessibility of job postings to reduce employment barriers for neurodivergent people.
Decoding job postings: Improving accessibility for neurodivergent job seekers
Improving the quality and accessibility of job postings is one way to reduce employment barriers for neurodivergent people.
Enhancing Asset Quality: Strategies for Financial Institutionsshruti1menon2
Ensuring robust asset quality is not just a mere aspect but a critical cornerstone for the stability and success of financial institutions worldwide. It serves as the bedrock upon which profitability is built and investor confidence is sustained. Therefore, in this presentation, we delve into a comprehensive exploration of strategies that can aid financial institutions in achieving and maintaining superior asset quality.
A toxic combination of 15 years of low growth, and four decades of high inequality, has left Britain poorer and falling behind its peers. Productivity growth is weak and public investment is low, while wages today are no higher than they were before the financial crisis. Britain needs a new economic strategy to lift itself out of stagnation.
Scotland is in many ways a microcosm of this challenge. It has become a hub for creative industries, is home to several world-class universities and a thriving community of businesses – strengths that need to be harness and leveraged. But it also has high levels of deprivation, with homelessness reaching a record high and nearly half a million people living in very deep poverty last year. Scotland won’t be truly thriving unless it finds ways to ensure that all its inhabitants benefit from growth and investment. This is the central challenge facing policy makers both in Holyrood and Westminster.
What should a new national economic strategy for Scotland include? What would the pursuit of stronger economic growth mean for local, national and UK-wide policy makers? How will economic change affect the jobs we do, the places we live and the businesses we work for? And what are the prospects for cities like Glasgow, and nations like Scotland, in rising to these challenges?
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Economic Risk Factor Update: June 2024 [SlideShare]Commonwealth
May’s reports showed signs of continued economic growth, said Sam Millette, director, fixed income, in his latest Economic Risk Factor Update.
For more market updates, subscribe to The Independent Market Observer at https://blog.commonwealth.com/independent-market-observer.
OJP data from firms like Vicinity Jobs have emerged as a complement to traditional sources of labour demand data, such as the Job Vacancy and Wages Survey (JVWS). Ibrahim Abuallail, PhD Candidate, University of Ottawa, presented research relating to bias in OJPs and a proposed approach to effectively adjust OJP data to complement existing official data (such as from the JVWS) and improve the measurement of labour demand.
The Universal Account Number (UAN) by EPFO centralizes multiple PF accounts, simplifying management for Indian employees. It streamlines PF transfers, withdrawals, and KYC updates, providing transparency and reducing employer dependency. Despite challenges like digital literacy and internet access, UAN is vital for financial empowerment and efficient provident fund management in today's digital age.
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
Abhay Bhutada, the Managing Director of Poonawalla Fincorp Limited, is an accomplished leader with over 15 years of experience in commercial and retail lending. A Qualified Chartered Accountant, he has been pivotal in leveraging technology to enhance financial services. Starting his career at Bank of India, he later founded TAB Capital Limited and co-founded Poonawalla Finance Private Limited, emphasizing digital lending. Under his leadership, Poonawalla Fincorp achieved a 'AAA' credit rating, integrating acquisitions and emphasizing corporate governance. Actively involved in industry forums and CSR initiatives, Abhay has been recognized with awards like "Young Entrepreneur of India 2017" and "40 under 40 Most Influential Leader for 2020-21." Personally, he values mindfulness, enjoys gardening, yoga, and sees every day as an opportunity for growth and improvement.
Fabular Frames and the Four Ratio ProblemMajid Iqbal
Digital, interactive art showing the struggle of a society in providing for its present population while also saving planetary resources for future generations. Spread across several frames, the art is actually the rendering of real and speculative data. The stereographic projections change shape in response to prompts and provocations. Visitors interact with the model through speculative statements about how to increase savings across communities, regions, ecosystems and environments. Their fabulations combined with random noise, i.e. factors beyond control, have a dramatic effect on the societal transition. Things get better. Things get worse. The aim is to give visitors a new grasp and feel of the ongoing struggles in democracies around the world.
Stunning art in the small multiples format brings out the spatiotemporal nature of societal transitions, against backdrop issues such as energy, housing, waste, farmland and forest. In each frame we see hopeful and frightful interplays between spending and saving. Problems emerge when one of the two parts of the existential anaglyph rapidly shrinks like Arctic ice, as factors cross thresholds. Ecological wealth and intergenerational equity areFour at stake. Not enough spending could mean economic stress, social unrest and political conflict. Not enough saving and there will be climate breakdown and ‘bankruptcy’. So where does speculative design start and the gambling and betting end? Behind each fabular frame is a four ratio problem. Each ratio reflects the level of sacrifice and self-restraint a society is willing to accept, against promises of prosperity and freedom. Some values seem to stabilise a frame while others cause collapse. Get the ratios right and we can have it all. Get them wrong and things get more desperate.
1. Third Quarter
Earnings
October 26, 2006
Dial In Number
866.800.8651 Domestic
617.614.2704 International
Replay Number
888.286.8010 Domestic
617.801.6888 International
Reservation Number: 46550358
Available through Nov. 02, 2006
1
2. Forward-Looking Statements
This presentation contains forward-looking statements, including information regarding the Company’s 2006 and
2007 financial outlook and guidance, future plans, objectives, business prospects and anticipated financial
performance. These forward-looking statements are not statements of historical facts and represent only the
Company’s current expectations regarding such matters. These statements inherently involve a wide range of
known and unknown risks and uncertainties. The Company’s actual actions and results could differ materially
from what is expressed or implied by these statements. Specific factors that could cause such a difference
include, but are not limited to: risks associated with the Company’s U.S. government sales, including changes or
shifts in defense spending, uncertain funding of programs, potential termination of contracts, and difficulties in
contract performance; the ability to procure new contracts; the risks of conducting business in foreign countries;
the ability to comply with extensive governmental regulation, including import and export policies and
procurement, aircraft manufacturing and other regulations; the impact of competition; the ability to develop
products and technologies; the risk of cost overruns, particularly for the Company’s fixed-price contracts;
dependence on component availability, subcontractor performance and key suppliers; risks of a negative
government audit; the use of accounting estimates in the Company’s financial statements; the potential
impairment of the Company’s goodwill; risks associated with the general aviation, commuter and fractional
ownership aircraft markets; accidents involving the Company’s aircraft; the outcome of contingencies and
litigation matters, including government investigations; the ability to recruit and retain qualified personnel; risks
associated with acquisitions, joint ventures and other business arrangements; the impact of changes in the
Company’s credit ratings; risks associated with exploring strategic alternatives for RAC, including the uncertainty
of whether a transaction will be consummated and the potential disruption to RAC’s business during such
transaction; and other factors as may be detailed from time to time in the Company’s public announcements and
Securities and Exchange Commission filings. In addition, these statements do not give effect to the potential
impact of any acquisitions, divestitures or business combinations, including any potential RAC transaction, that
may be announced or closed after the date hereof. The Company undertakes no obligation to make any revisions
to the forward-looking statements contained in this presentation or to update them to reflect events or
circumstances occurring after the date of this presentation. This presentation also contains non-GAAP financial
measures. A GAAP reconciliation and a discussion of the Company's use of these measures are included in this
presentation.
2
3. Q3 2006 Company Highlights
Earnings per share (EPS) from continuing operations of
$0.72, up 41 percent
Strong operating cash flow; net debt at $2.8 billion, lowest
in over 11 years
Strong bookings of $6.1 billion; sales of $5.7 billion, up 7
percent
2006 full-year guidance increased for EPS, bookings,
operating cash flow, and return on invested capital (ROIC)
5.5 million shares of common stock repurchased for $250
million in the quarter; 7.9 million shares of common stock
repurchased for $352 million year-to-date
3
4. Bookings and Backlog ($B)
Bookings
Total Company
Government & Defense
15.3 14.7 17.5 17.0
15 18
15
12
12
9
9
5.2 6.1
6
4.2
3.4 6
3 3
0
0
YTD 2005 * YTD 2006
Q3 2005 Q3 2006
Q3 2005 Q3 2006* YTD 2005 YTD 2006
*Prior year includes Q2, 2005 multi-year awards of DDG
*2006 includes higher bookings at both MS & NCS
1000 ($1.7B) & F-18 AESA ($586M)
Backlog
Government & Defense Total Company
34.6
33.1
31.7
35 30.7 35
30 30
25 25
20 20
15 15
10 10
5 5
0 0
Q3 2005 Q3 2006
Q3 2005 Q3 2006
Bookings and backlog remain strong
4
5. Sales and Earnings Per Share
Total Company Sales ($B) EPS from Continuing Operations
16.6
18 15.7 $2.50
$2.05
15
$2.00
12 $1.45
$1.50
9
5.7
5.3 $1.00 $0.72
6
$0.51
$0.50
3
0 $0.00
Q3 2005 Q3 2006 YTD 2005 YTD 2006
Q3 2005 Q3 2006 YTD 2005 YTD 2006
• EPS up 41 percent in both Q3
• Sales up 7 percent in Q3 2006,
2006 & year-to-date
up 6 percent year-to-date
Continued strong sales and earnings
5
6. Government & Defense Sales
Sales ($B) Sales ($M)
Net
Q3 2005 Q3 2006 Change
6
4.7 IDS 919 1,030 111
4.5
5
IIS 649 626 (23)
4
MS 1,005 1,081 76
3
NCS 833 879 46
2
SAS 1,013 1,069 56
1 RTSC 479 509 30
Elims (394) (456) (62)
0
G&D 4,504 4,738 234
Q3 2005 Q3 2006
• G&D Sales up 5 percent in Q3 2006 primarily driven by DDG 1000
sales at IDS and ramp up of Standard Missile at MS
Continued growth in key markets
6
7. Government & Defense Margins
Operating Margins Operating Margins
Net
Q3 2005 Q3 2006 Change
14%
11.9%
11.7%
12% IDS 14.6% 16.2% 160 bps
IIS 8.8% 9.3% 50 bps
10%
MS 10.3% 10.1% (20) bps
8%
NCS 10.4% 9.9% (50) bps
6%
SAS 14.1% 13.8% (30) bps
4%
RTSC 7.9% 7.1% (80) bps
2%
G&D* 11.7% 11.9% 20 bps
0%
Q3 2005 Q3 2006
• G&D operating margins up 20 bps in Q3 2006 primarily driven by strong
performance at IDS
* After eliminations of intercompany operating profit
Continued focus on execution, full year remains on track
7
8. Raytheon Aircraft Company
Operating Margins
Sales ($M)
1,996 9.2%
10%
2,000 1,771
8%
6.4%
1,500
5.3%
6%
3.9%
1,000 758
642 4%
500 2%
0 0%
Q3 2005 Q3 2006 YTD 2005 YTD 2006 Q3 2005 Q3 2006 YTD 2005 YTD 2006
• Operating margins up 390 bps in
• Sales up 18 percent in Q3 2006,
Q3 2006, up 250 bps year-to-date
up 13 percent year-to-date
Strong volume, favorable mix and continued cost and productivity
improvements
8
9. Cash Flow
$ Millions
3rd Quarter Nine Months
2005 2006 2005 2006
Net Income 228 321 595 918
Depreciation & Amortization 109 113 327 341
Working Capital 245 37 (106) (621)
Other 216 279 528 556
Operating Cash Flow from Cont. Ops. 798 750 1,344 1,194
Capital Spending & Internal Software (96) (93) (244) (224)
Free Cash Flow from Cont. Ops. 702 657 1,100 970
Free Cash Flow (FCF) is not a measure of financial performance under generally accepted accounting principles (GAAP), and may not be
defined and calculated by other companies in the same manner. FCF should be considered supplemental to and not a substitute for financial
information prepared in accordance with GAAP.
Continued strong cash flow
9
10. 2006 Financial Outlook Update
Current Prior**
Bookings ($B) 23.0 - 24.0* 22.0 - 23.0
Sales ($B) 23.1 - 23.6 23.1 - 23.6
FAS/CAS Pension Expense ($M) 378 378
Interest expense, net ($M) 200 – 210* 220 - 230
Diluted Shares (M) 449 - 451 449 - 451
GAAP EPS from Cont. Ops $2.70 - $2.80* $2.60 - $2.70
Net Debt ($B) 2.0 - 2.2* 2.3 - 2.5
Operating Cash Flow ($B) 2.3 - 2.5* 2.0 - 2.2
ROIC (%) 8.4 - 8.8* 8.2 – 8.6
* Denotes change from prior guidance
** As of July 27, 2006
Net debt is defined as total debt less cash and cash equivalents
Increased full-year guidance for EPS, bookings, cash flow, and ROIC
10
11. EPS from Continuing Operations Outlook Update
2006 Full Year
Prior Guidance $2.60 - $2.70
Improved performance IDS $0.02
Improved performance RAC $0.03
Net interest expense $0.03
Other items $0.02
Current Guidance $2.70 - $2.80
Strong operating performance driving increase to EPS guidance 4
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12. 2006 Financial Outlook: By Business
Current Current Prior
Sales ($B) Op. Margin Op. Margin**
IDS 4.0-4.2 15.9-16.4%* 15.7-16.2%
IIS 2.6-2.8 9.1-9.5% 9.1-9.5%
MS 4.2-4.4 10.2-10.6% 10.2-10.6%
NCS 3.2-3.4 10.2-10.6% 10.2-10.6%
SAS 4.2-4.4 13.3-13.7% 13.3-13.7%
RTSC 2.0-2.1 7.0-7.5% 7.0-7.5%
RAC 3.0-3.2 195M-205M* 175M-185M
Other 0.7-0.8 (40M)-(50M) (40M)-(50M)
Corp and Elims (1.6) (195M)-(205M)* (205M)-(220M)
Subtotal $23.1-$23.6 10.3-10.5%* 10.1-10.3%
FAS/CAS Inc Adj -1.6% -1.6%
Total Cont. Ops $23.1-$23.6 8.7-8.9%* 8.5-8.7%
G&D After elims $19.2-$19.7 12.0-12.2%* 11.9-12.1%
* Denotes change from prior guidance
** As of July 27, 2006
Operational improvements driving margin expansion
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13. 2006 Financial Outlook: Cash Flow
$ Millions
Current Prior**
Income from continuing operations $1.2B - $1.3B* $1.1B - $1.2B
Depreciation & amortization 450 - 470 450 - 470
Working Capital 150 - 200* 50 - 100
Discretionary pension funding (200) (200)
Non cash tax expense 220 - 240 220 - 240
FAS/CAS income adjustment 378 378
Other 35 – 65* (15) - 15
Operating cash flow $2.3B - $2.5B* $2.0B - $2.2B
Capital & internal software spending (500) - (450)* (530) - (480)
Free cash flow $1.8B - $2.0B* $1.5B - $1.7B
* Denotes change from prior guidance
** As of July 27, 2006
Free Cash Flow (FCF) is not a measure of financial performance under generally accepted accounting principles (GAAP), and may not be
defined and calculated by other companies in the same manner. FCF should be considered supplemental to and not a substitute for financial
information prepared in accordance with GAAP.
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14. 2007 Financial Outlook
2006 2007
Bookings ($B) 23.0 - 24.0 24.5 - 25.5
Net Sales ($B)
Government and Defense 20.8 - 21.3 22.2 - 22.7
Elimination of Intercompany Sales (1.6) (1.7)
Government and Defense after Elims 19.2 - 19.7 20.5 - 21.0
Raytheon Aircraft 3.0 - 3.2 3.3
Other 0.7 - 0.8 0.8
Total Company 23.1 - 23.6 24.6 - 25.1
GAAP EPS ($) 2.70 - 2.80 2.95 - 3.05
Operating Cash Flow ($B) 2.3 - 2.5 1.7 - 1.9
ROIC (% ) 8.4 - 8.8 9.0 - 9.4
Solid performance across the company
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15. Summary
Intense focus on execution….and margin expansion
Strong profitable growth going forward…solid position in our
core markets…and expanding
Well positioned portfolio – platform agnostic – capability
focused
Excellent cash generation
ROIC focus and improvement
Well positioned for today….and tomorrow
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17. 2006 Financial Outlook: Government and Defense
Current Prior**
Bookings ($B) 18.7 - 19.7* 18.0 - 19.0
Net Sales ($B)*** 19.2 - 19.7 19.2 - 19.7
Op. Margin (% )*** 12.0 - 12.2* 11.9 - 12.1
Operating Cash Flow ($B) 1.9 - 2.1* 1.7 - 1.9
* D eno t es chang e f r o m p r i o r g ui d ance
* * A s o f Jul y 2 7, 2 0 0 6
* * * A f t er el i mi nat i o n o f i nt er co mp any sal es
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18. Pension Expense
$ Millions
2006 2007
Forecast Forecast
FAS (878) (794)
CAS (500) (449)
Income Adjustment (378) (345)
EPS Impact of FAS/CAS Pension (0.55) (0.51)
CAS Recovery 500 449
Funding Required (443) (470)
*
Discretionary Funding (200) (200)
* Actual cash payment made in Q1 2006
Note: 2007 pension assumes a discount rate of 5.75% and a return on assets of 8.75% as of Dec. 31, 2006
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19. 2007 FAS/CAS Pension Adjustment ($M)
Estimated Return*
Estimated
Discount
Rate* 0.00% 5.00% 8.75% 15.00%
5.50% 390 385 395 406
Current
assumption
345
5.75% 340 335 354
6.00% 291 286 296 305
6.25% 241 236 246 255
* Pension expense for 2007 is based upon discount rates as of 12/31/2006 and asset returns for the
calendar year 2006. 2007 pension expense will be updated at year end 2006, once actual discount
rates and asset returns for 2006 are determined.
Note: The purpose of this chart is to indicate the range of outcomes of the 2007 FAS/CAS pension
adjustment based upon the 2006 discount rate and return on assets. Actual results not necessarily
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limited to above scenarios. Includes International Pension.
20. Raytheon Aircraft – Delivery Forecast
2005 Current Prior
Actual Forecast Forecast* Change
0 Hawker 4000 0 5 (5)
58 Hawker 800XP/850XP 64 63 1
53 Hawker 400XP 54 51 3
30 Premier I 36 37 (1)
114 King Air 143 142 1
99 Pistons 122 126 (4)
354 Total Deliveries 419 424 (5)
* As of July 27, 2006
Includes Special Mission aircraft units but excludes JPATS delivery units
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21. Return on Invested Capital Calculation
Outlook Outlook
2006 2007
Income from Continuing Operations
Net Interest Expense, after-tax* Combined Combined
Lease Expense, after-tax*
Return $1,415-$1,460 $1,510-$1,555
Net Debt**
Equity** Combined Combined
Lease expense x 8, plus Financial Guarantees* *
Invested Capital $16,775-$16,575 $16,700-$16,500
ROIC 8.4% - 8.8% 9.0% - 9.4%
*Effective Tax Rate 33.9% 34.0%
** 2 point average
We define Return on Invested Capital (ROIC) as income from continuing operations plus after-tax net interest expense plus one-third of
operating lease expense after-tax (estimate of interest portion of operating lease expense) divided by average invested capital after
capitalizing operating leases (operating lease expense times a multiplier of 8) and adding financial guarantees. ROIC is not a measure of
financial performance under generally accepted accounting principles (GAAP) and may not be defined and calculated by other companies in
the same manner. ROIC should be considered supplemental to and not a substitute for financial information prepared in accordance with
GAAP. The Company uses ROIC to make the most efficient and effective use of capital and as an element of management compensation.
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